Tag: LLP Act

Nature of Limited Liability Partnership

By Tania Maria Joy Introduction LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. The LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in…

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Financial disclosures under LLP Act

Introduction:- Chapter VII of the limited liability partnership act, 2008, deals with the topic financial disclosures. Limited Liability Partnership in short (LLP) is an unusual type of commerce association. It is not just supplies the recompense of limited liability however too allows its members the elasticity of arranging their internal…

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